BENNEKE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BENNEKE
Largest movements
- Tangible fixed assets -€20,807
down €20,807 (-8.7%), from €238,867 to €218,060
of which Furniture and vehicles: -€14,311
- Stocks and contracts -€18,000
down €18,000 (-11.4%), from €158,500 to €140,500
- Cash +€13,225
up €13,225 (+54.1%), from €24,459 to €37,684
mainly Depreciation (+€29,707) and Stocks and contracts (+€18,000)
- Debts after one year -€24,054
down €24,054 (-45.6%), from €52,736 to €28,683
- Advances received +€13,000
new in 2025: €13,000
- Profit (loss) carried forward -€7,008
down €7,008 (-4.8%), from €146,998 to €139,990
- Trade debts +€6,395
up €6,395 (+15.3%), from €41,920 to €48,315
- Other debts -€6,143
down €6,143 (-59.9%), from €10,250 to €4,107
- Depreciation -€22,541
down €22,541 (-43.1%), from €52,248 to €29,707
- Gross operating margin -€22,363
down €22,363 (-9.8%), from €227,926 to €205,564
- Staff costs -€7,508
down €7,508 (-4.6%), from €161,856 to €154,347
- Financial charges -€3,912
down €3,912 (-53.1%), from €7,366 to €3,454
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €440,424 | €421,150 | -€19,274 | -4.4% |
| Fixed assets | 21/28 | €238,867 | €218,060 | -€20,807 | -8.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €238,867 | €218,060 | -€20,807 | -8.7% |
| Land and buildings | 22 | €188,747 | €182,541 | -€6,206 | -3.3% |
| Plant, machinery and equipment | 23 | €23,213 | €22,922 | -€291 | -1.3% |
| Furniture and vehicles | 24 | €26,908 | €12,597 | -€14,311 | -53.2% |
| Current assets | 29/58 | €201,557 | €203,091 | +€1,534 | +0.8% |
| Stocks and contracts in progress | 3 | €158,500 | €140,500 | -€18,000 | -11.4% |
| Stocks | 30/36 | €158,500 | €140,500 | -€18,000 | -11.4% |
| Amounts receivable within one year | 40/41 | €11,916 | €15,631 | +€3,715 | +31.2% |
| Trade receivables | 40 | €2,098 | €14,366 | +€12,269 | +585% |
| Other amounts receivable | 41 | €9,819 | €1,265 | -€8,554 | -87.1% |
| Cash at bank and in hand | 54/58 | €24,459 | €37,684 | +€13,225 | +54.1% |
| Deferred charges and accrued income | 490/1 | €6,681 | €9,276 | +€2,594 | +38.8% |
| Total equity and liabilities | 10/49 | €440,424 | €421,150 | -€19,274 | -4.4% |
| Equity | 10/15 | €273,418 | €266,410 | -€7,008 | -2.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €107,420 | €107,420 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €73,833 | €73,833 | = | 0.0% |
| Distributable reserves | 133 | €31,687 | €31,687 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,998 | €139,990 | -€7,008 | -4.8% |
| Amounts payable | 17/49 | €167,006 | €154,740 | -€12,265 | -7.3% |
| Amounts payable after more than one year | 17 | €52,736 | €28,683 | -€24,054 | -45.6% |
| Financial debts | 170/4 | €52,736 | €28,683 | -€24,054 | -45.6% |
| Amounts payable within one year | 42/48 | €114,270 | €126,058 | +€11,788 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €24,337 | €21,194 | -€3,143 | -12.9% |
| Trade debts | 44 | €41,920 | €48,315 | +€6,395 | +15.3% |
| Suppliers | 440/4 | €41,920 | €48,315 | +€6,395 | +15.3% |
| Advances received on contracts in progress | 46 | - | €13,000 | +€13,000 | |
| Taxes, remuneration and social security | 45 | €37,763 | €39,442 | +€1,680 | +4.4% |
| Taxes | 450/3 | €309 | €1,650 | +€1,341 | +434% |
| Remuneration and social security | 454/9 | €37,454 | €37,792 | +€339 | +0.9% |
| Other amounts payable | 47/48 | €10,250 | €4,107 | -€6,143 | -59.9% |
| Remuneration, social security and pensions | 62 | €161,856 | €154,347 | -€7,508 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,248 | €29,707 | -€22,541 | -43.1% |
| Other operating charges | 640/8 | €4,112 | €5,806 | +€1,694 | +41.2% |
| Non-recurring operating charges | 66A | - | €19,000 | +€19,000 | |
| Gross operating margin | 9900 | €227,926 | €205,564 | -€22,363 | -9.8% |
| Operating profit (loss) | 9901 | €9,711 | -€3,296 | -€13,008 | |
| Financial income | 75/76B | €161 | €8 | -€153 | -95.2% |
| Recurring financial income | 75 | €161 | €8 | -€153 | -95.2% |
| Financial charges | 65/66B | €7,366 | €3,454 | -€3,912 | -53.1% |
| Recurring financial charges | 65 | €7,366 | €3,454 | -€3,912 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €2,506 | -€6,742 | -€9,248 | |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €470 | €266 | -€204 | -43.4% |
| Profit (loss) for the period | 9904 | €2,037 | -€7,008 | -€9,045 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €2,037 | -€7,008 | -€9,045 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.